Risk Management Report

Jul 10, 2025

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ALM | PropertyCasualty360

A Message From the Editor

Texas is no stranger to costly natural disasters. The state has the most frequent severe weather events as well as the most expensive, accounting for 15% of the United States’ billion-dollar disasters in the last several decades, After last weekend's devastating floods, we look at other big catastrophes that have impacted the state. Check out our slideshow and other stories below!

– Corey Dahl, assistant editor

Slideshow

5 Costly catastrophes in Texas history

By Corey Dahl

Last weekend's flash floods caused an estimated $18 billion to $22 billion in damage. Read More

Impersonation scams explode 148% as cybercriminals leverage AI

By Joe Toppe

The cyber insurance market is projected to reach $21.67 billion in 2025. Read More

News

Big ‘I' calls passage of Trump tax bill an ‘important win'

By Brittney Meredith-Miller

The package makes 199A deductions for pass-through entities permanent. Read More

News

Texas flooding kills at least 82

By Corey Dahl

Cuts at the National Weather Service might have hurt response times. Read More

Market Insights

Cybercriminals have the insurance sector on high alert

By Joe Toppe

Recent cyberattacks aimed at U.S. insurers, U.K. retailers and an Asian airport highlight a growing risk. Read More

Slideshow

What homeowners should know about backyard pools

By Joe Toppe

Pool owners spend an average of $234 every year on professional maintenance. Read More

Analysis

Court: Rain-ravaged BMWs not covered

By Kelly Helton, Esq.

The windows of six BMWs were left open during a severe rain storm causing $600,000 in damage. Read More

Slideshow

10 Cities most vulnerable to earthquakes in 2025

By Corey Dahl

Earthquakes in the United States aren't covered by standard homeowners or business insurance policies. Read More

Resources

Case Study

200%+ ROI and 2+ Hours Per Day: How P&C Carriers Can Save with AI Claims Letters

Sponsored by Voltaire

Discover how one mid-sized P&C carrier was able to quickly and accurately draft claims letters using AI to boost efficiency and savings while reducing compliance risk. Learn More

WEBCAST DATE: August 5, 2025

Future of Insurance: The State of Insurance Modernization and Digitalization

Sponsored by One Inc.

Join this webcast to discover how leading organizations leverage digital tools not just for efficiency, but to build resilience, enhance customer loyalty, and manage emerging threats effectively. Learn More

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